Two Resources That Can Help You Buy a Home Right Now

Justin Stoner
Feb 3
2 min read

A Realtor.com report found that 20% of Americans believe homeownership is out of reach. Maybe you feel the same way. With inflation driving up costs, saving for a home can seem overwhelming. But here’s the truth—with the right resources, buying a home is still possible.

Even if your savings are limited or your credit isn’t perfect, options exist to help you achieve homeownership. Let’s explore two key solutions that could make buying your first home a reality.

1. FHA Loans: A Pathway to Homeownership

If your down payment savings and credit score aren’t where you want them to be, an FHA loan could be the solution. Backed by the U.S. Department of Housing and Urban Development (HUD), FHA loans offer:

Lower Down Payments – As low as 3.5% of the home’s price, making homeownership more accessible.
Flexible Credit Requirements – Buyers with lower credit scores may still qualify when conventional loans aren’t an option.

The first step? Connect with a lender to see if you qualify and explore your options.

2. Homeownership Assistance Programs

Saving for a down payment is one of the biggest barriers to buying a home. But did you know there are over 2,000 homeownership assistance programs across the U.S., according to Down Payment Resource? More than 75% of these programs help with down payments.

Here’s why they matter:

Financial Support – The average assistance amount for qualified buyers is $17,000—a game-changer for affordability.
Stackable Benefits – In some cases, you can combine multiple programs to maximize assistance.

Rob Chrane, CEO of Down Payment Resource, explains:

“Some of these programs can be layered, meaning you may not be limited to just one.”

A real estate agent and lender can help you find the right programs and guide you through the application process.

Bottom Line

If you’re wondering whether homeownership is possible, the answer is yes—with the right resources. Let’s connect to explore your options and make your path to owning a home a reality.